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13:52
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Originally posted by mabrook
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The initial drill results from Mars AT were certainly good grade and very encouraging."Drill hole 14AT003 intersected near surface, high grade gold including drilled thickness intersections of 4m at 5.0 g/t Au from 16 m down hole depth". Hole 14AT002 targeted a dense body to the south of the Mars Aurora Tank Prospect and intersected intensely sheared mafic and granitic rocks showing evidence of multiple episodes of alteration resulting in development of chlorite, strong carbonate veining and sericitisation. This type of alteration is commonly associated with the development of economic gold and copper mineralisation in the Gawler Craton.
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Further, the Fraser range is a pure Nickel play, that area is becoming a bit of a Nickel Klondike, with Companies grabbing tenements as fast as they can. So far, it seems to be all or nothing in the region.
